POLYGON ARCHITECTURAL GRAPHICS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
POLYGON ARCHITECTURAL GRAPHICS
Largest movements
- Tangible fixed assets -€28,676
down €28,676 (-7.9%), from €363,326 to €334,651
of which Land and buildings: -€19,861
- Receivables within one year +€18,269
up €18,269 (+8.7%), from €210,308 to €228,577
of which Trade receivables: +€42,729
- Trade debts -€55,515
down €55,515 (-16.6%), from €334,356 to €278,841
- Reserves +€42,931
up €42,931 (+15.5%), from €277,798 to €320,729
- Debts after one year -€32,248
down €32,248 (-27.5%), from €117,462 to €85,213
- Tax, wage and social debts +€22,614
new in 2025: €22,614
- Gross operating margin +€58,651
up €58,651 (+137%), from €42,864 to €101,516
- Taxes +€20,231
up €20,231 (+959%), from €2,110 to €22,341
- Other operating charges +€4,246
up €4,246 (+60.9%), from €6,966 to €11,211
- Write-downs -€3,400
new in 2025: -€3,400
- Depreciation -€3,323
down €3,323 (-10.4%), from €31,999 to €28,676
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €770,458 | €746,783 | -€23,675 | -3.1% |
| Fixed assets | 21/28 | €363,326 | €334,651 | -€28,676 | -7.9% |
| Tangible fixed assets | 22/27 | €363,326 | €334,651 | -€28,676 | -7.9% |
| Land and buildings | 22 | €342,306 | €322,445 | -€19,861 | -5.8% |
| Plant, machinery and equipment | 23 | €10,440 | €7,712 | -€2,728 | -26.1% |
| Furniture and vehicles | 24 | €10,581 | €4,494 | -€6,087 | -57.5% |
| Current assets | 29/58 | €407,131 | €412,132 | +€5,001 | +1.2% |
| Amounts receivable within one year | 40/41 | €210,308 | €228,577 | +€18,269 | +8.7% |
| Trade receivables | 40 | €182,636 | €225,365 | +€42,729 | +23.4% |
| Other amounts receivable | 41 | €27,672 | €3,212 | -€24,460 | -88.4% |
| Cash at bank and in hand | 54/58 | €177,527 | €170,736 | -€6,791 | -3.8% |
| Deferred charges and accrued income | 490/1 | €19,296 | €12,819 | -€6,477 | -33.6% |
| Total equity and liabilities | 10/49 | €770,458 | €746,783 | -€23,675 | -3.1% |
| Equity | 10/15 | €285,858 | €326,929 | +€41,071 | +14.4% |
| Contributions | 10/11 | €8,060 | €6,200 | -€1,860 | -23.1% |
| Reserves | 13 | €277,798 | €320,729 | +€42,931 | +15.5% |
| Distributable reserves | 133 | €277,798 | €320,729 | +€42,931 | +15.5% |
| Amounts payable | 17/49 | €484,600 | €419,854 | -€64,746 | -13.4% |
| Amounts payable after more than one year | 17 | €117,462 | €85,213 | -€32,248 | -27.5% |
| Financial debts | 170/4 | €117,462 | €85,213 | -€32,248 | -27.5% |
| Amounts payable within one year | 42/48 | €367,138 | €334,641 | -€32,497 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €31,845 | €32,248 | +€404 | +1.3% |
| Trade debts | 44 | €334,356 | €278,841 | -€55,515 | -16.6% |
| Suppliers | 440/4 | €334,356 | €278,841 | -€55,515 | -16.6% |
| Taxes, remuneration and social security | 45 | - | €22,614 | +€22,614 | |
| Taxes | 450/3 | - | €22,614 | +€22,614 | |
| Other amounts payable | 47/48 | €938 | €938 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,999 | €28,676 | -€3,323 | -10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,400 | -€3,400 | |
| Other operating charges | 640/8 | €6,966 | €11,211 | +€4,246 | +60.9% |
| Gross operating margin | 9900 | €42,864 | €101,516 | +€58,651 | +137% |
| Operating profit (loss) | 9901 | €3,900 | €65,029 | +€61,129 | +1,567% |
| Financial income | 75/76B | €1,078 | €246 | -€832 | -77.2% |
| Recurring financial income | 75 | €584 | €246 | -€338 | -57.9% |
| Non-recurring financial income | 76B | €494 | - | -€494 | |
| Financial charges | 65/66B | €2,271 | €1,863 | -€408 | -18.0% |
| Recurring financial charges | 65 | €2,271 | €1,863 | -€408 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €2,707 | €63,412 | +€60,705 | +2,242% |
| Income taxes | 67/77 | €2,110 | €22,341 | +€20,231 | +959% |
| Profit (loss) for the period | 9904 | €597 | €41,071 | +€40,474 | +6,778% |
| Profit (loss) for the period to be appropriated | 9905 | €597 | €41,071 | +€40,474 | +6,778% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.